SDCL Energy Efficiency Income Trust (LON:SEIT) Hits New 12-Month Low – Time to Sell?

SDCL Energy Efficiency Income Trust Plc (LON:SEIT)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 49.50 ($0.63) and last traded at GBX 50 ($0.63), with a volume of 718086 shares. The stock had previously closed at GBX 49.70 ($0.63).

SDCL Energy Efficiency Income Trust Stock Performance

The business’s fifty day moving average price is GBX 52.75 and its two-hundred day moving average price is GBX 57.16. The stock has a market capitalization of £547.31 million, a P/E ratio of -9.67 and a beta of 0.48.

SDCL Energy Efficiency Income Trust Company Profile

SDCL Energy Efficiency Income Trust plc is a constituent of the FTSE 250 index. It was the first UK listed company of its kind to invest exclusively in the energy efficiency sector. Its projects are primarily located in the UK, Europe and North America and include, inter alia, a portfolio of cogeneration assets in Spain, a portfolio of commercial and industrial solar and storage projects in the United States, a regulated gas distribution network in Sweden and a district energy system providing essential and efficient utility services on one of the largest business parks in the United States.

The Company aims to deliver shareholders value through its investment in a diversified portfolio of energy efficiency projects which are driven by the opportunity to deliver lower cost, cleaner and more reliable energy solutions to end users of energy.
The Company is targeting an attractive total return for shareholders of 7-8 per cent.